It is easier to get franchise financing for a proven business than getting business financing to start your own! In today’s video, we discuss how to leverage projected financials and the FDD (Franchise Disclosure Document) to access bank capital to open up turn key franchises with limited business experience. We walk through the specific lenders and their processes that enable you to finance proven business models with as little as 10%. Some of the franchises average net sales exceed $600K. We also discuss cross collateralization, where you use the financials and balance sheet of a stabilized franchise operation to open 2nd, 3rd, and multiple locations. This is especially relevant for those transitioning from a 9 to 5 career and want to become a business owner but with little to no experience.
Key Benefits –
*Proven business models
*Projected financials
*Franchise Disclosure Document
*Leverage (cross collateralize) stabilized franchise unit to open additional units.
Top Lenders
Boefly (connectonebank) – Asset verification, inhouse franchise lending, SBA
https://www.connectonebank.com/
Apple pie Capital (Cross River Bank) – direct lender – franchise financing
https://www.applepiecapital.com/
https://www.crossriver.com/
Macrolease (Brookline Bank) – lease, working capital
https://www.macrolease.com/
https://www.brooklinebank.com/
IRH Capital – Franchise Acquisition financing
https://www.irhcapital.com/
GET ACCESS TO CASINO BUSINESS LOANS – https://tinyurl.com/CASINO-LOW-FICO-LOAN
Submit Your Application Today for $150,000 Tradeline – https://boostbusinesstrades.com/
Get up $150k Fast! Even if Your Business is NOT Profitable! https://tinyurl.com/BAYFIRST-150K-BOLT
Large & mid size Bank Funding – https://bccusa.com/creditplug/
South End Capital Line of Credit – https://tinyurl.com/Easy-Funding
Payroll Line of Credit – https://portal.payrofinance.com/sign-up?partner=aec
Business Line of Credit – https://unlock.getloot.com/credit-plug
Get *Free Inquiry Removal – https://tinyurl.com/INQUIRY-REMOVERS
Fintech Strategy (cashflow underwriting)
1) Ramp – https://tinyurl.com/Ramp-Visa-No-PG
2) Finfare – https://finfare.com/us/
3) Fairfigure – https://fairfigure.com?fpr=antuane-52
4) Divvy – https://tinyurl.com/59kfh95d
5) Capital on Tap (Soft Pull on Experian) – https://tinyurl.com/Creditplug-capitalontap (
6) Kleercard – https://kleercard.com/get-started?referral_source=WpNJxA
7) 8Fig – https://grow.8fig.co/nzfvy0pcu6zs
8) Outfund – https://client.out.fund/signup?broker=info%40alleneconomics.com
9) Loanspark – https://apply.loanspark.com/register/?refc=21d672adc968769c
10) Getloot – https://unlock.getloot.com/credit-plug